Bottle Flake & Recycled Fiber Market Morning Express (Nov 9, 2010)

Recycled bottle flakes
In Guangdong, recycled bottle flakes market is a bit chaotic. Domestic white flake buyers are willing to purchase at 9500-10000yuan/mt but the producers are willing to sell at 10000-10500yuan/mt.

Cotton type re-PSF
In Jiangsu, Jiangnan Chemical Fiber raises re-PSF offer further. Offer for high-grade re-PSF, medium-grade re-PSF, low-grade re-PSF and 3-hollow re-PSF is raised to 17300yuan/mt, 16000yuan/mt, 15400yuan/mt and 16000yuan/mt, respectively.

Hollow re-PSF
In Cixi, hollow re-PSF offer continues to move up to 15000-15500yuan/mt (with tax) for 3-hollow re-PSF and 14000-14500yuan/mt (pre-tax) for 2-hollow re-PSF (siliconized, whitening).

In Guangdong, offer of 3-hollow re-PSF moves up to 16000-16500yuan/mt (siliconized, with tax).

Re-PFY
In Zhejiang, re-PFY plants stops offering and some plants offer POY150D at 15000yuan/mt. Traded price is chaotic.


($1=CNY6.66)

source:CCFGroup.com